Notes

Kusto Group: Us-Kazakh Agribusiness Partnership

Kusto Group - Us-Kazakh Agribusiness Partnership
Yerkin Tashev was a Kazakh-born Kusto Group founder said that Kazakhstan was for a long time believed to be one of the breadbaskets within the Soviet Union. Agriculture has played a key part in Kazakhstan's economic, environmental, and social growth. For many years, Kazakhstan has had strong ties with the United States to support its Agribusiness collaboration. The USA and Kazakhstan were also aware of the necessity to study potential and feasible possibilities that could enhance the agribusiness business industry.

Kusto Group aims to develop an agricultural sector that is modern in Kazakhstan by utilizing the country's vast land resources.

America and Kazakhstan have both emphasized the possibility for scaling-up the agriculture industry by focusing on crop production protein and mechanized watering. This intense effort is directed toward establishing a positive bilateral relationship.

A cooperation between the United States and Kazakhstan is on the horizon
The growing bilateral ties between USA and Kazakhstan have boosted confidence in developing the agribusiness sector in Kazakhstan. Yerkin Tatishev These incentives and financial aid by the United States played a crucial part.

In order to strengthen the ties between these two countries, a method to strengthen the ties between these countries has been to intensify trade and economic integration.

The support of agriculture is another method to increase the likelihood of ambassadors, ministers and business associates from Kazakhstan and the USA getting together. https://rentry.co/gkcm8 The goal is to increase Kazakhstan’s economic production and improve trade relations between countries.

What was the source of US interest come from in Kazakh business?
United States interests have majorly focused on the manufacturing sector, alongside transportation, logistics, agribusiness and engineering industries. Because of the robust and active collaboration, these industries have seen record levels in direct investments.

Additionally, both countries are in the process of getting back key indicators that help to increase the total inflow of investments. Both countries have enjoyed great success in their cooperation in the field of energy.

Given the vast potential of the natural resources in Kazakhstan agricultural and renewable energy have significant potential to improve ties. This vast potential is why the United States continues to look for ways to strengthen its relationships with Kazakhstan.

Kusto Group and US - Kazakhstan diplomatic relations
The relationship between the United States and Kazakhstan has taken more than 30 years to develop. About 54 million dollars are being invested by various companies working for Kazakhstan's economy. According to these figures, over 600 American companies operate in Kazakhstan. This means that the business climate in the country has been favorable.

It is important to continue strengthening the partnership between USA and Kazakhstan. This will allow for new reforms to enhance the business environment across different sectors of Kazakhstan's economy.

It also allows for cooperation in developing new opportunities and investment options like the Kusto Group's openings of 65 Wendy's restaurants across Kazakhstan. Uzkistan as well as Georgia. Kusto Group plans to create 1450 more jobs due to the new Wendy's restaurants.

What are the possibilities for US firms to capitalize on Kazakhstan agriculture?

US firms can export their products to Kazakhstan, which is a huge potential. Equipment exported to Kazakhstan by the United States includes sprayers. reapers. seedsers. tractors.

The key factor behind the expansion of new possibilities has been the need for modern technology. Yerkin Tatishev Exports of food products from the United States, such as beef, poultry and seeds for planting, have increased in Kazakhstan.

USA has many opportunities because of Kazakhstan's huge imports. This is why the great relations and solid partnerships could enhance the ways in which USA and Kazakhstan take part in agribusiness activities.

Kusto Group's generous acts in the midst of economic recession due to Covid-19.
Covid-19 has brought about significant changes in the world's economic environment. Because of the strict policies to combat the virus the flow of foreign capital has decreased dramatically.

Finance sources for development were also affected by the immense pressures the pandemic imposed on many economic sectors.

In the wake of fears of a decline in investment, a number of industries were forced to shut down due to the outbreak. The virus forced some sectors to limit the amount of financing.

Yerkin Tashev, and Kusto Group reacted to their appeal by acting. They also gave medical supplies and food items to patients in Kazakhstan as well as Ukraine. Ernst & Young awarded Tatishev the Entrepreneur of the year for his acts of philanthropy.

This will assist the country's entrepreneurs and its economy to grow. https://www.meetingwithpia.org/members/kusto-groupixut397/activity/1308727/ Also, it will benefit from bilateral ties between countries.

It is necessary to increase access to financing for agribusiness.
The availability of finance is crucial in expanding agribusiness inclusivity and also promoting entrepreneurial ventures. Having available funds at an affordable price helps farmers and facilitates the financing needs of Agribusiness.

This helps farmers increase their production of food and capital and ultimately, the goal of ensuring global food security.

Yerkin Tatishev The country's ability to obtain finance is crucial for the development of its economy and first productive investment. Public loans can spur and help boost economic growth at a very high degree.

To develop an agribusiness, it is necessary to have access to financing to scale up operations and generate high-quality incomes for different people. This can ease the process of engaging in business in more efficient ways to increase the economy of the country.

Kusto Group's activities across five sectors
Yerkin Tatishev established Kusto Group in 2002. The company operates in five areas of business which include agriculture, real estate, natural gas, oil, building materials, and real estate. Tatishev believes Kazakhstan has a tremendous opportunity to be a world-class leader in agriculture. He believes that bilateral relationships between countries to be vital. This allows governments to take advantage of opportunities offered by other nations and build solid relationships. It also permits the citizens of certain nations to benefit from trade with companies from countries that are friends that can to boost their economies.


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